National Safety Commission Urges Florida Legislature to Tackle Rising State Auto Insurance Rates


Contact: Ryan Banfill of The National Safety Commission, +1-850- 222-1996

PONTE VEDRA BEACH, Fla., Jan. 10 /PRNewswire-USNewswire/ — With theFlorida Legislature preparing to convene in Special Session Tuesday to tacklethe problem of skyrocketing Florida property insurance rates, the NationalSafety Commission called on the Legislature to take action to provide relieffrom rising Florida auto insurance rates as well.

“Everyone knows how much trouble Floridians are having finding affordableproperty insurance, but Florida’s auto insurance market is also in urgentcrisis,” said Ken Underwood, president of the National Safety Commission, oneof America’s leading auto safety advocacy organizations. “We hope theLegislature will work to address this crisis and provide relief to drivers whoare in need of quality, low- cost auto insurance.”

In May of 2006, a unit of State Farm Mutual Automobile Insurance Co.requested a 71.5 percent increase in Florida auto insurance rates. State Farmis the largest insurer in Florida. Other insurers have followed suit, and manyfamilies are having trouble paying insurance premiums that continue to risemuch faster than inflation.

The crisis, however, is not simply a result of the devastating hurricanesof 2005 and 2006. In 2004 the average Florida household paid 11 percent moreon auto insurance premiums – an average of $2,477 – than a year before.

According to the National Association of Insurance Commissioners,Florida’s ranking in the cost to insure a car leaped from 11th in 2000 tosixth in 2004, at an average expense of $1,062.31 – a 36 percent increase overfour years earlier.

“Florida’s transportation system depends on driving, and driving dependson a reliable auto insurance system,” Underwood said. “If we reach the pointwhere strained families have to choose between putting food on the table orpaying auto insurance premiums, our entire transportation system could be putat risk.”

The National Safety Commission is based in Ponte Vedra Beach, Fla., and isAmerica’s leader in safety training. The National Safety Commission, throughwww.LowestPriceTrafficSchool.comand www.TestQuestionsAndAnswers.comprovidessafety courses to consumers and businesses in every state and over 15countries to teach consumers that “safety is no accident,” but stems fromvigilance and education.

SOURCE The National Safety Commission

(c) 2007 U.S. Newswire. Provided by ProQuest Information and Learning. All rights Reserved.